Hong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun YeungHong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun Yeung
Hong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun Yeung

Hong Kong, Asian stocks on flash sale as valuations slide as fast as during European debt crisis. The rebound may be swift

  • Valuations of the Hang Seng Index and MSCI Asia ex-Japan Index members drop at their quickest pace since the 2011 European debt crisis
  • Investors could bottom fish to build long-term investment positions, Invesco’s Chao says
Topic |   Stocks
Hong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun YeungHong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun Yeung
Hong Kong and Asian stocks are cheapening at the fastest rate in nine years as investors dump blue-chip companies in panic amid the global coronavirus pandemic. Photo: Sun Yeung
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